The New York Stock Exchange is planning to launch a new trading platform that will allow blockchain-based securities to be traded around the clock. The platform would operate continuously and use blockchain technology to handle transactions and settlement.
What the platform will offer
The proposed platform would allow companies to issue digital versions of securities that can be traded at any time, including weekends. Trades would settle instantly rather than following the traditional settlement cycle used in stock markets today.
Use of blockchain technology
Blockchain would be used to record ownership and complete transactions. The technology allows trades to be processed in real time and reduces the need for intermediaries. The system would represent ownership of real securities in digital form.
Changes from traditional trading
Current stock markets operate during set hours and settle trades after a delay. The new platform would remove those limits, offering continuous access and faster settlement. This approach reflects broader interest in modernising market infrastructure.
Regulatory considerations
The platform would require regulatory approval before launch. Authorities are expected to review how the system protects investors and manages risks linked to continuous trading and digital assets.
Industry context
Financial institutions are increasingly exploring tokenised assets and blockchain-based trading systems. The NYSE’s plan follows similar efforts across the financial sector to test new technologies within regulated markets.
The NYSE’s planned 24/7 trading platform signals a shift toward using blockchain in traditional finance. If approved, it could change how securities are issued, traded, and settled.
